It was good to see the jump in the economy. (my stocks needed it) Has anyone been paying attention to the gas prices. In our neck of the woods we're about to drop below $2 gallon. Does any one find gas prices to be politically motivated. We saw prices fall just before Bush's re-election and now we see it again right before this election. Odd that they fall so low just months after the Houston hurricane which left cities like Atlanta without any gas at all.
Is there a story here?
"We saw prices fall just before Bush's re-election and now we see it again right before this election."
That's an assertion if I ever saw one.
http://www.murdoconline.net/archives/001978.html
As for prices; election day was Nov. 02, 2004.
On Oct. 25th the average price for all grades in all areas and all formulations averaged in the US was $207.4.
On Nov. 1st it was 207.6. (Actually went up a whopping 2/10ths of a cent, davie.)
On Nov. 8th it was 204.5.
On Nov. 15th it was 201.4.
On Nov. 22nd it was 199.2.
Data 3 for all grades, all areas, and all formulations:
http://tonto.eia.doe.gov/oog/ftparea/wogirs/xls/pswrgvwag.xls